1914-S Saint-Gaudens Double Eagle: A Collector’s Guide

The 1914-S Saint-Gaudens Double Eagle stands as a prominent example of American numismatic excellence. Minted during an era of significant historical change, this $20 gold coin carries both artistic and financial value, making it a prized acquisition for collectors and investors alike. Designed by the renowned sculptor Augustus Saint-Gaudens, it is often considered one of the most beautiful coins ever produced by the United States Mint.

Design and Specifications

The 1914-S Saint-Gaudens Double Eagle is part of the larger Saint-Gaudens series, which began in 1907 and ended in 1933. Its iconic design reflects Saint-Gaudens’ vision of a coin that would exemplify the spirit of American freedom and prosperity.

• Obverse Design:
  The obverse depicts Lady Liberty striding forward confidently, holding a torch in one hand and an olive branch in the other. The Capitol building is faintly visible in the background, with rays of the rising sun radiating outward. The word “LIBERTY” arcs above Liberty’s head, while the date “1914” is inscribed near her feet.
• Reverse Design:
  The reverse features a majestic bald eagle in flight, set against a backdrop of radiant sunbeams. The inscriptions “UNITED STATES OF AMERICA” and “TWENTY DOLLARS” frame the eagle, with the national motto “IN GOD WE TRUST” positioned below.
• Specifications:
  • Composition: 90% gold, 10% copper
  • Weight: 33.436 grams
  • Diameter: 34 mm
  • Edge: Raised stars representing the original states in the Union

The “S” Mintmark and Historical Context

The “S” mintmark located near the date signifies that this coin was struck at the San Francisco Mint. In 1914, the production of gold coins was still robust, though it was beginning to decline as the United States moved closer to the gold standard restrictions that would culminate in the Great Depression. The San Francisco Mint produced 558,000 examples of the Saint-Gaudens Double Eagle in 1914, making this issue relatively common for the series but still desirable among collectors.

Rarity and Collectability

While the 1914-S Saint-Gaudens Double Eagle has a fairly high mintage compared to some other years, its survival rate in top grades is relatively low. Many coins from this era were melted down during the gold confiscation policies of the 1930s, reducing the number available for collectors. As a result, the 1914-S is more accessible in lower grades but becomes increasingly rare and valuable in higher grades.

• Mint State (MS) coins are the most sought after, with MS-63 and MS-64 examples being popular among collectors.
• Coins graded MS-65 or higher are exceptionally rare and command a significant premium in the market.

Current Market Value

The value of the 1914-S Saint-Gaudens Double Eagle varies based on condition and market demand:

• About Uncirculated (AU-50 to AU-58): $2,000–$3,000
• Mint State (MS-60 to MS-62): $3,500–$5,000
• High Mint State (MS-63 to MS-65): $6,000–$12,000+

Coins with exceptional eye appeal or those graded MS-66 or higher can fetch even higher prices at auctions.

Tips for Collectors

1. Focus on Grade:
   Higher-grade coins are more valuable and desirable, particularly for this series. Look for certified examples from trusted grading services like PCGS or NGC.
2. Verify Authenticity:
   Ensure that the coin you purchase is genuine and properly graded. Counterfeits and altered coins are a concern for valuable gold pieces.
3. Check for Eye Appeal:
   Coins with fewer blemishes, strong luster, and sharp details will hold their value better over time.
4. Research Market Trends:
   Gold coins like the 1914-S can be influenced by fluctuations in the gold market, so staying informed about trends is essential.

Conclusion

The 1914-S Saint-Gaudens Double Eagle is a stunning and historically significant coin that embodies the artistry of Augustus Saint-Gaudens and the golden age of American coinage. Whether you’re a seasoned collector or just beginning your numismatic journey, this coin offers a unique blend of beauty, history, and investment potential. Its place in American history, combined with its intrinsic gold value, ensures its enduring appeal for generations to come.

Granny’s Garden School

FAQs